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Sep 24, 2010
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abbas, thank you for traveling from stanford university to join us this morning. we thank you very much. ♪ ♪ captioning sponsored by rose communications captioned by media access group at wgbh access.wgbh.org
abbas, thank you for traveling from stanford university to join us this morning. we thank you very much. ♪ ♪ captioning sponsored by rose communications captioned by media access group at wgbh access.wgbh.org
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Sep 16, 2010
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you can outsource everything to us, and piece to us. we can integrate for you and provide you with the hardware and software to meet your needs. we can provide were you you with consumer insights, and your web capabilities and ecommerce capabilities. and i think, for the first time you're going to find some of these companies who haven't had very stiff competition, will go unnamed, will find h.p. at their doorstep. >> very good. i thank you. >> thank you. >> tom: here's what we're watching for tomorrow: quarterly results from fedex, oracle and research in motion, along with the producer price index for august. treasury secretary timothy geithner testifies to a senate committee on exchange rate policies. also tomorrow, going after gamers. retailer gamestop launches a new online strategy to fend off bigger competition in the brick- and-mortar world. >> suzanne: u.p.s. is making waves in the shipping industry. today, the delivery giant launched a new ocean freight service. the move highlights the importance u.p.s. is placing on internation
you can outsource everything to us, and piece to us. we can integrate for you and provide you with the hardware and software to meet your needs. we can provide were you you with consumer insights, and your web capabilities and ecommerce capabilities. and i think, for the first time you're going to find some of these companies who haven't had very stiff competition, will go unnamed, will find h.p. at their doorstep. >> very good. i thank you. >> thank you. >> tom: here's what...
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Sep 8, 2010
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stay with us. andrew ross sorkin is a columnist with "the new york times," whose book is out in paperback. it is called "too big to fail," about saving the financial system and themselves on wall street. good to have you back, sir. >> thank you for having me, tavis. tavis: of course, we all know that the president tomorrow is giving a speech. given what he had to say just days ago, yesterday, in fact, in milwaukee, what do we expect the president to say tomorrow? >> i think he is going to lay out a plan around how to spur business investment, how do we gain the economy's story back again, and he is going to be talking about infrastructure, how to build railroads, have jobs where people can get back to work, in the middle of america, that is what this is going to be about. he is also going to be talking about are indeed, research and development, a tax credit that is going to be made available -- but talking about are in d -- r&d. i think everyone will agree in the last several months, confidence is
stay with us. andrew ross sorkin is a columnist with "the new york times," whose book is out in paperback. it is called "too big to fail," about saving the financial system and themselves on wall street. good to have you back, sir. >> thank you for having me, tavis. tavis: of course, we all know that the president tomorrow is giving a speech. given what he had to say just days ago, yesterday, in fact, in milwaukee, what do we expect the president to say tomorrow?...
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Sep 2, 2010
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tonight's "street critique" guest joins us from the bank of new york. it is jonathan chaplin at credit suisse. welcome to "nightly business report." >> thanks, tom. >> tom: what has been fueling this performance that we've seen over the last quarter or so in telecom? >> i think it is pretty straightforward. it is primarily one thing: it's yield. as investors get concerned about growth concerns for the economy, 6% dividend yield for at&t and verizon stocks looks in increasingly compelling. you've got a better prospect of getting a return from that yield than other sectors in the economy. >> tom: it sounds like quite a defensive play. but what about the growth expectations for this sector? are there any? >> it is not going to be a sector that grows the top line at g.d.p. or above for the foreseeable future. but this is a company that can -- an industry that can generate a fair amount of earnings growth in the low-growth economic environment. so with 1% revenue growth, telecom companies can generally knock out 3 3 plus percent earnings growth. >> tom: one
tonight's "street critique" guest joins us from the bank of new york. it is jonathan chaplin at credit suisse. welcome to "nightly business report." >> thanks, tom. >> tom: what has been fueling this performance that we've seen over the last quarter or so in telecom? >> i think it is pretty straightforward. it is primarily one thing: it's yield. as investors get concerned about growth concerns for the economy, 6% dividend yield for at&t and verizon...
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Sep 11, 2010
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tom, those are the two words president obama used today to describe the pace of growth in the u.s. economy. and the economy was a big topic at his white house news conference this morning. >> tom: the other big topic, susie, was the president's announcement of his new top economic advisor. he's austan goolsbee. goolsbee has been on the president's economic team. he now becomes chairman of the white house council of economic advisors, replacing christina romer, who left to return to teaching. >> susie: the president used today's press briefing to push his agenda for reviving the economy, from tax breaks to a small business jobs bill. washington bureau chief darren gersh reports. >> reporter: the president today acknowledged what many americans know too well-- economic progress has been painfully slow. still, he urged voters to stay the course this on election day. >> if it was just a referendum on whether we have made the progress we need to, then people around the country will say that we are not there yet. if the election is about the policies that are going to move us forward, ve
tom, those are the two words president obama used today to describe the pace of growth in the u.s. economy. and the economy was a big topic at his white house news conference this morning. >> tom: the other big topic, susie, was the president's announcement of his new top economic advisor. he's austan goolsbee. goolsbee has been on the president's economic team. he now becomes chairman of the white house council of economic advisors, replacing christina romer, who left to return to...
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Sep 23, 2010
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us? >> well, a lot of business schools on how to make money. i want to tell people if you run business, you have to run the value first. to surf the others, help the others, that's the key. because i... one of the things we believe is if you think about making money and this is the u.s. dollar, talk about hong kong dollars, nobody wants to make friends with these people. thing about how can you help people and create value for the others and then you'll get the money. this is how we succeed in china. and this is why you call us believe that. people say jack, your company is crazy. how can you do that. this is the way we run the business. and i think this is the way the 21st century. the other thing is also focused on quality and people. >> rose: say that again? >> your own people. because i think china, the best resource is not... it's the human brain. 1.3 billion people. if we develop their brains, that's got a lot of innovation. that's the best resourcings we could ever have so many you
us? >> well, a lot of business schools on how to make money. i want to tell people if you run business, you have to run the value first. to surf the others, help the others, that's the key. because i... one of the things we believe is if you think about making money and this is the u.s. dollar, talk about hong kong dollars, nobody wants to make friends with these people. thing about how can you help people and create value for the others and then you'll get the money. this is how we...
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Sep 14, 2010
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it will help us take pressure off our currency, help us stabilize interest rates it will help us show the markets that our tax rates aren't going to rise to unbelievable levels because we are getting our fiscal house in order. so if we locked in a plan to actually get our debt under control, that will actually help our economy right now because it will improve competence in the future of our economy. >> okay but are you prepared to spend money for stimulus in order to do something about unemployment. >> so i don't subscribe to the typical keynesian doctrine that you need to borrow and spend money to create jobsment we borrowed and spend 1.1 trillion when you add interest costs on the stimulus and we lost 2.6 million jobs since that legislation passed. i do think there are better things that the government could do to promote prosperity and create jobs. we ought to be growing at a very fast pace coming out of the kind-of-recession we are coming out of if we are coming out of it. i mean 81, the 72 recession. we were growing at about 68% at this time. i would argue that the reason we are
it will help us take pressure off our currency, help us stabilize interest rates it will help us show the markets that our tax rates aren't going to rise to unbelievable levels because we are getting our fiscal house in order. so if we locked in a plan to actually get our debt under control, that will actually help our economy right now because it will improve competence in the future of our economy. >> okay but are you prepared to spend money for stimulus in order to do something about...
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Sep 23, 2010
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put us back in. the larger narrative is he's a closet socialist who wants to spread this bureaucratic government ppall across the country and crush the small-business initiative and i haveitallity and it's not american. i think what he should stay back is they put us in a $3 trillion hole and 21 months wasn't enough to get out of it. you gave them eight years to dig this hole. give us four years to dig out of it-- half what you gave them-- and if it's not better you can throw us all out in two years. that is, people are angry, and you need to do it. but then i would advise him and all the democrats to talk about what we're going to do now and ask them who is more likely to do it? in other words, if this is a referendum on people's anger and apathy, so our side stays home and their side is in play, we don't do well. if it's a choice between who is going to do what, we can do well, and that's what i hope it will be. >> woodruff: but the president has been saying for some weeks, maybe months, he's been
put us back in. the larger narrative is he's a closet socialist who wants to spread this bureaucratic government ppall across the country and crush the small-business initiative and i haveitallity and it's not american. i think what he should stay back is they put us in a $3 trillion hole and 21 months wasn't enough to get out of it. you gave them eight years to dig this hole. give us four years to dig out of it-- half what you gave them-- and if it's not better you can throw us all out in two...
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Sep 24, 2010
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used to be the u.s. but today china is by far the biggest trading partner. >> charlie: for both chile and brazil? >> yes. it will become the first trading partner of the whole latin america. and i think the u.s. is missing opportunities. >> charlie: because they are doing what? >> they -- i don't think that they have -- or put enough attention to lat inner america. in terms of free-trade agreements there are many latin american countries that would like to reach a free-trade agreement with the u.s. which is beneficial to both parties and i think that the u.s. is not moving fast enough -- >> charlie: because of the political issues in the congress? >> yes, because many times we are waiting for the next election. for instance now nothing can happen because we are expecting the november election and i think that the u.s. could do a better job vis-a-vis latin america -- and i'm not talking about aid, i'm talking about partnerships, about facing together the challenges of development in the future. i heard th
used to be the u.s. but today china is by far the biggest trading partner. >> charlie: for both chile and brazil? >> yes. it will become the first trading partner of the whole latin america. and i think the u.s. is missing opportunities. >> charlie: because they are doing what? >> they -- i don't think that they have -- or put enough attention to lat inner america. in terms of free-trade agreements there are many latin american countries that would like to reach a...
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Sep 29, 2010
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thanks for having us. captioning sponsored by rose communications captioned by media access group at wgbh access.wgbh.org words alone aren't enough. our job is to listen and find ways to help workers who lost their jobs to the spill. i'm iris cross. we'll keep restoring the jobs, tourist beaches, and businesses impacted by the spill. we've paid over $400 million in claims and set up a $20 billion independently-run claims fund. i was born in new orleans. my family still lives here. i'm gonna be here until we make this right.
thanks for having us. captioning sponsored by rose communications captioned by media access group at wgbh access.wgbh.org words alone aren't enough. our job is to listen and find ways to help workers who lost their jobs to the spill. i'm iris cross. we'll keep restoring the jobs, tourist beaches, and businesses impacted by the spill. we've paid over $400 million in claims and set up a $20 billion independently-run claims fund. i was born in new orleans. my family still lives here. i'm gonna be...
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bnsf, the engine that connects us. and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> lehrer: the president accused the republicans of being fiscally irresponsible, but admitted that his own policies have not worked as quickly as hoped. congressional correspondent kwame holman reports. >> we got some business to do today. >> reporter: just eight weeks from election day, the president made his pitch in cleveland today to help the sputtering u.s. economy >> that means making long-term investments in education and clean energy; in basic research, technology, and infrastructure. >> reporter: and he also took a stand against extending the bush era tax cuts for the top 2% of earners, setting up a pre- election fight with repub
bnsf, the engine that connects us. and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> lehrer: the president accused the republicans of being fiscally irresponsible, but admitted that his...
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Sep 2, 2010
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you've shown us the stalemate in iraq. has there been any movement to report in recent negotiations? are there any proposals on the table for breaking the stalemate? >> warner: well, ray, there are some proposals on the table that would help sort of power sharing arrangement between the two top vote getter, prime minister maliki, former prime minister allawi. but vice president biden came here to give the two sides a kick in the pants, if you will. and to say you have to get serious about talking to one another. and he told them that the u.s. administration is growing alarmed that some of these recent terrorist attacks we've seen aimed at government institutions-- army, police, municipal buildings-- are being encouraged by this political vacuum. so he talked you are the i do both of them. he said to maliki, "look, no one sells going to accept you as prime minister unless you give up some of the power you've accrued to yourself while prime minister." for instance, he has this 56th brigade and it's basically an army brigade
you've shown us the stalemate in iraq. has there been any movement to report in recent negotiations? are there any proposals on the table for breaking the stalemate? >> warner: well, ray, there are some proposals on the table that would help sort of power sharing arrangement between the two top vote getter, prime minister maliki, former prime minister allawi. but vice president biden came here to give the two sides a kick in the pants, if you will. and to say you have to get serious about...
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Sep 17, 2010
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she joins us from new york. welcome. >> thank you, gwen. >> ifill: arianna, i look at the cover of your book and i think to myself america is still the world's most prosperous nation. how do you define "third world"? >> well, i know it's a jarring phrase, gwen, but i chose it deliberatery because i felt that we needed a warning. we needed to sort of sound the alarm about the trajectory we're arm about the middle-class crumbling. and the middle-class is the foundation not just of our democracy and our prosperity but our political stability. and so as the middle-class is crumbling, we really have a certain time, a window during which we can course correct and turn things around. and i end the book on an optimistic note that we can do that, but only if we bring a sense of urgency to the undertaking. >> ifill: you're a political animal, when you say the middle-class is crumbling, what are the events you would say led us to this point? >> well, it has been going on for about 30 years. it didn't just happen because of
she joins us from new york. welcome. >> thank you, gwen. >> ifill: arianna, i look at the cover of your book and i think to myself america is still the world's most prosperous nation. how do you define "third world"? >> well, i know it's a jarring phrase, gwen, but i chose it deliberatery because i felt that we needed a warning. we needed to sort of sound the alarm about the trajectory we're arm about the middle-class crumbling. and the middle-class is the foundation...
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Sep 28, 2010
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he joins us from pittsburgh. i ben welcome, thanks for joining us. 1.4 billion is a lot of money and what's been tough times for the airlines, why is southwest doing this, what is driving this? >> there are ray couple of things. first of all, as you mentioned sot west has been at there for a while now. while they were the scrappy upstart in the '80s and even into the 9 0s. their business model is pretty mature at this point and there aren't many misses left for them to expand that are flarl fits are for their business model. one of the best cities and the biggest one they don't yet fly to is atlanta so it's no coincidence that air tran, biggest city is atlanta and this will put southwest into atlanta in a big way. and it really positions southwest to go back to a position of growth by acquiring air tran and eventually incorporating if into its network. >> and there are roar cities that right now southwest isn't in, aren't there sm. >> there are about 37 that air tran flies to that southwest doesn't go to. so sout
he joins us from pittsburgh. i ben welcome, thanks for joining us. 1.4 billion is a lot of money and what's been tough times for the airlines, why is southwest doing this, what is driving this? >> there are ray couple of things. first of all, as you mentioned sot west has been at there for a while now. while they were the scrappy upstart in the '80s and even into the 9 0s. their business model is pretty mature at this point and there aren't many misses left for them to expand that are...